Articles

November 16, 2010 | The News Tribune

Condo foreclosures can leave others footing bills

For those who have a lot of cash or can get credit, this could be an ideal time to buy a house Ð the foreclosure crisis has pushed prices down, and interest rates are very low.

Homeowner Associations Halt Holiday Decorations

It's that time of year again, when we drag out the lights and tinsel to show just how much we appreciate the holidays. But for 60-million Americans who live in shared homeowner associations, arguments about religious decorations can make the season a lot less festive.

Shared housing can lead to shared bills

For those who have a lot of cash or can get credit, this could be an ideal time to buy a house.

Kathy Kristof: Development homeowners might end up paying bills for neighbors

For those who have a lot of cash or can get credit, this could be an ideal time to buy a house - the foreclosure crisis has pushed prices down and interest rates are way low.

Shared homeownership could mean paying your neighbors' bills

For those who have a lot of cash or can get credit, this could be an ideal time to buy a house -- the foreclosure crisis has pushed prices down and interest rates are way low.

Shared Homeownership Could Mean Paying Your Neighbors' Bills

For those who have a lot of cash or can get credit, this could be an ideal time to buy a house -- the foreclosure crisis has pushed prices down and interest rates are way low.

Decking the Halls? Maybe Not in a Condo, CO-OP or HOA

ItÕs that time of year again, when we drag out the lights and tinsel to show our neighbors just how much we appreciate the holidays.

Shared homeownership could mean paying your neighbors' bills

For those who have a lot of cash or can get credit, this could be an ideal time to buy a house -- the foreclosure crisis has pushed prices down and interest rates are way low.

Shared homeownership could mean paying your neighbors' bills

People in condo, co-op and town house communities may have to pick up the slack for missed dues when other owners walk away from their homes or lose them to foreclosure.

Shared homeownership could mean paying your neighbors' bills

People in condo, co-op and town house communities may have to pick up the slack for missed dues when other owners walk away from their homes or lose them to foreclosure.

Shared homeownership could mean paying your neighbors' bills

People in condo, co-op and town house communities may have to pick up the slack for missed dues when other owners walk away from their homes or lose them to foreclosure.

Homeowner associations taking it on the chin

The foreclosure tsunami is sweeping across homeowner associations, a common form of neighborhood government across California.

Foreclosures Having 'Perfect Storm' Impact on Shared Ownership Communities

Over 60 million Americans live in Shared Ownership Communities (condos, co-ops and HOAs), or almost 20 percent of the population.

The Pitfalls of Buying a Condo, Co-Op or HOA

The bottoming out of the housing market has created prime conditions for bargain-hunters, but there are a few key things that any homebuyer needs to know before safely buying a home in a Shared Ownership Community (condominium, co-op or homeowners' association).

Latest News: Condo Financing

New FHA lending rules for condos could stall the housing recovery: Restrictions open door to heavier weight being placed on owners. Commercial activity limits will add to crisis.

Business forum: New FHA lending guidelines hinder condos

In February, the Federal Housing Administration passed a set of lending guidelines that removed the long-standing "spot approval" process for FHA-insured condominium loans and enacted stringent new requirements for projects to be approved on a property-wide basis.

New FHA condo guidelines could stall housing recovery

Earlier this year, the Federal Housing Administration (FHA) passed a new set of lending guidelines that removes the long-standing "spot approval" process for FHA-insured condominium loans and enacts stringent new requirements for projects to be approved on a propertywide basis.

Latest FHA Rules Will Hurt Condo Market

Suffering from soaring vacancies, plummeting values and ongoing legal disputes, the hard-hit condominium sector isnÕt likely to see relief from the latest FHA lending guidelines.

Latest FHA Rules Will Hurt Condo Market

Suffering from soaring vacancies, plummeting values and ongoing legal disputes, the hard-hit condominium sector isn't likely to see relief from the latest FHA lending guidelines.

New FHA Guidelines Eliminate Possibility of Success

Plagued by the real estate crisis that is likely to top that of the Great Depression, the Federal Housing Administration (FHA) has implemented a new set of lending standards in efforts to clear the glut of millions of vacant and unsold condominiums across the country.

Avoiding the Pitfalls of Shared Ownership: What You Need to Know Before You Buy

In addition to depressing home prices, the current housing crisis has put a tremendous strain on the sixty million Americans who live in Shared Ownership Communities (Condominiums, Co-Ops or HOAs).

Understand the Condo Difference Before You Buy

You've been looking at condos, and you think you've found the perfect one. You like the size and layout of the unit, the purchase price suits your budget, and the monthly association fee seems reasonable. You're all set to seal the deal.

Florida condo market gets relief

People looking to buy condominiums in Florida will see more relaxed regulations than they have during recent years.

Viewpoint: As SOCs Teeter, Action Is Needed

Congress must take immediate action to prevent a collapse, beginning with tying bank bailouts to mandatory funding of assessments on units for which lenders hold mortgages.

Foreclosures and non-paying owners creating perfect storm in condos, co-ops and HOAs

The worst housing crisis and economic crash since the Great Depression have created a dangerous financial storm that threatens to destroy thousands of Shared Ownership Communities (condos, co-ops and HOAs) throughout the United States.

Foreclosures and non-paying owners creating perfect storm in condos, co-ops and HOAs

A foreclosure perfect storm

Foreclosures and Nonpaying Owners Creating Perfect Storm in Condos, Co-Ops and HOAs

The worst housing crisis and economic crash since the Great Depression have created a dangerous financial storm that threatens to destroy thousands of shared ownership communities (condos, co-ops and HOAs) throughout the United States. The danger is quiet, but staggering—over 60 million Americans live in SOCs, or almost 20% of the population.

Foreclosures & Non-Paying Owners: A Perfect Storm for Condos, Co-Ops and HOAs?

the worst housing crisis and economic crash since the Great Depression have created a dangerous financial storm that threatens to destroy thousands of Shared Ownership Communities (condos, co-ops and HOAs) throughout the United States.

A perfect storm for shared ownership communities

The worst housing crisis and economic crash since the Great Depression have created a dangerous financial storm that threatens to destroy thousands of shared ownership communities (condos, co-ops and homeowners associations) throughout the United States.

Foreclosures and nonpaying owners creating perfect storm for condominiums...

The worst housing crisis and economic crash since the Great Depression have created a dangerous financial storm that threatens to destroy thousands of shared ownership communities (condominiums, co-ops and homeowners associations) throughout the United States.

Perfect storm for communities

The worst housing crisis and economic crash since the Great Depression have created a dangerous financial storm that threatens to destroy thousands of shared-ownership communities throughout the United States.

Foreclosed homes leave remaining owners to pick up the tab

Tom Beard knew that he would be paying homeowners association dues when his family moved into a new Tivoli Village town house in east Orlando.